MagicJack CEO sees big jump in Q4 revenue; FCC adopts rules to deploy Internet services on airplanes

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@FierceTelecom RT @CiscoSystems: What will the world look like when we connect a drop of water? Release | Follow @FierceTelecom

> MagicJack's CEO Dan Borislow said fourth-quarter revenue will exceed analysts' estimates after the company added a free wireless application to its service lineup. Article

> Korea Telecom, reports Bloomberg, made a non-binding preliminary bid for Vivendi's 53 percent stake in Maroc Telecom. Article

> The FCC adopted a Report and Order establishing rules to help speed the deployment of Internet services on commercial airplanes. Article

> Ben Verwaayen, Alcatel-Lucent's CEO, told CNBC that European Union regulations are holding back innovation in Europe's telecom industry. Video

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> Intel plans to use its press conference at next week's CES in Las Vegas to unveil a new set-top box. Article

> Netflix said its Christmas Eve outage was caused by a malfunction on Amazon Web Services' servers. Article

And finally… American consumers pay more for slower broadband Internet service. Article

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